Monero Whale Opens $36M Leveraged Long on Hyperliquid

Monero briefly touched $400 after a large whale opened a leveraged long position worth $36 million on Hyperliquid.

The move highlights the growing interest in Monero, which has been steadily increasing in value over the past few months.

Hyperliquid is a popular platform for trading cryptocurrencies with leverage, and the opening of this large position by a whale (a high-net-worth investor) suggests that many traders are optimistic about Monero's future prospects.